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Flex Building with Two-Story Offices
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15 Progress Dr, Shelton, CT 06484

Flex building offers 23,495 square feet of office space across two floors within a 53,164-square-foot total building.

Space Size53,164 SF
Days on Market1347

Property Features for 15 Progress Dr

General Information

Standard status Active
Size 53,164 SF
Property subtype OFFICE

Spaces For Lease

at 15 Progress Dr
15 Progress Drive AVAILABLE, Now
Floor 1
Size 53,164 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease No
- A flex building totaling 53,164 square-feet with 23,495 square-feet of office space on two floors. - The building can be expanded by approximately 60,000 square- feet on the 10 acre-site.
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Listing Agency: Cushman & Wakefield | Stamford
Listed By: Michael Dillon
Source: Moodyscre
Added: Feb 14, 2023 Changed: Oct 10 Last Checked: Oct 20 at 10:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Stamford

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Investment Insights

Based on property information with market context.

This flex building totals 53,164 square feet and includes 23,495 square feet of office space spread across two floors. The property is available for rent and is built to support both office and flexible operational needs within the same facility.

The building sits on a 10-acre site at 15 Progress Dr, Shelton, CT 06484. The site also allows for expansion by approximately 60,000 square feet, providing additional space options should your organization need room to grow.

With substantial office area on two levels and the ability to expand on-site, the property can work for tenants seeking a combined work environment within a flexible industrial setting.

Key Highlights

  • Flex building totaling 53,164 SF, including 23,495 SF of office space across two floors
  • 10‑acre site with potential to expand the building by approximately 60,000 SF

Property Analytics

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Current Use

Baker Properties Bakery

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom Storage Facility Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,333
Businesses Nearby
Balanced
Demand for This Use

Demographics for 06484, CT

40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flex building offers 23,495 square feet of office space across two floors within a 53,164-square-foot total building.
Where is this flex space located?
The property is located at 15 Progress Dr Shelton, CT.
What are key features of this property?
This property features: Flex building totaling 53,164 SF, including 23,495 SF of office space across two floors; 10‑acre site with potential to expand the building by approximately 60,000 SF
(203) 326-5826 Call to check price and availability
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